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News
Bitcoin May Never Trade Below $65,000 Again
19+ hour, 30+ min ago (283+ words) A major change has taken place in the Bitcoin market: its main long-term support level, the 200-week moving average (200WMA), has officially risen above $65,000. Blockstream CEO Adam Back drew attention to this milestone by sharing a new chart from Look Into…...
Satoshi's 1.1 Million Bitcoin Hoard: New Onchain Activity Sheds Light on Legendary Stash
5+ day, 21+ hour ago (372+ words) Bitcoin's earliest mined coins are once again drawing attention, with fresh onchain clues pointing to a 1.096 million BTC stash of Bitcoin's pseudonymous creator Satoshi Nakamoto. This comes after a major reawakening of 50 BTC wallets, including seven dormant wallets that were…...
Mining 50 BTC for $5.68 Looked Too Expensive 16 Years Ago
6+ day, 15+ hour ago (383+ words) A resurfaced Bitcoin forum post from Sept. 7, 2010 shows just how dramatically the economics of mining have changed. At the time, one early Bitcoin user calculated that producing a single block on their home computer would cost roughly $5.68 in electricity. The…...
Crypto Whales Are Rotating From Bitcoin to XRP and Solana: Wintermute Breaks Down Why
1+ week, 5+ day ago (347+ words) The cryptocurrency market has demonstrated unexpected macroeconomic resilience, fully absorbing the impact of the Fed Chair's hawkish speech and the decline in the U.S. technology sector, according to analysts at market maker Wintermute in its latest review. Against this backdrop, Bitcoin…...
Strategy Buys $370 Million of Bitcoin After Two Months of Silence
1+ week, 6+ day ago (251+ words) After about two months of halting its aggressive Bitcoin buy strategy and consistently pumping its cash reserves instead, Michael Saylor, the chairman of the world's largest Bitcoin treasury firm, Strategy, has finally bought Bitcoin again. In a recent post shared…...
Ripple CTO Emeritus Slams Bitcoin's BIP-110 Legacy Chain Fix: 'Listen to Yourself"
2+ week, 42+ min ago (382+ words) Ripple CTO emeritus David Schwartz engaged with a staunch supporter of BIP-110 on X, slamming the argument of an attempt to "fix the legacy chain" through the proposal. The discussion began after an X user described BLAKE2b as an "attack on…...
Peter Schiff Says Bitcoin Is Not Real Asset
2+ week, 19+ hour ago (361+ words) Gold investor and longtime Bitcoin critic Peter Schiff has renewed his attack on the cryptocurrency. He claims that Bitcoin should not be compared with traditional assets such as gold. The bug made these responses in response to a post from…...
Bitcoin to $300,000 Is Possible Only If Quantum Problem Is Solved: Charles Edwards
2+ week, 4+ day ago (291+ words) Investment bank Bernstein today released a major report forecasting Bitcoin's rise to $150,000 by mid-2027 and $300,000 by 2029, driven by the sovereign debt crisis and institutional demand. According to his estimates, fear of this threat is already artificially depressing the asset's current price…...
Bitcoin's Cryptography Could Be Cracked One Day, BitGo CEO Says
2+ week, 5+ day ago (268+ words) Bitcoin’s quantum-computing risk is real, but the technology needed to threaten the cryptocurrency’s cryptographic security remains far from practical, according to BitGo co-CEO Mike Belshe. During his appearance on Fox Business, Belshe said there are currently no quantum computers capable…...
BTC Reclaims $81K, but Bulls Face Key Resistance
2+ week, 5+ day ago (300+ words) Bitcoin climbed back above $81,000 on Tuesday after suffering a sharp rejection around the $80,000 level a day earlier, putting the key psychological threshold back in focus as bulls attempt to extend the recovery. The $80,000 mark has emerged as a major test…...